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Many deputies said that the black credit need to be controlled by the law, which focuses on some basic solutions such as loan interest rate provisions in the civil code related to business credit card.

Although civil law has clear regulations on loan interest rates. But actually, the situation for high-interest loans or "credit" is still constantly growing and increasingly more publicity. Any solution to the limit as well as termination of this situation?



"Black credit" refers to the active form of civil non-credit through the banking system or the official credit institutions would not, business registration, as well as not yet licensed, non-compliance nor governed officially by any State Agency. The form of this transaction not only destabilizing of security order, damage the network of people that left major economic damage, because social "black credit" has varied forms, with the scale, the result is increasingly unpredictable.

According to statistics of the General Directorate of the police in crime prevention, within the first 6 months in 2014, the country happened 141 service scam, 125 service abuse credit appropriation of assets related to "credit". Because of the greed of the people about business credit card with high interest rates have made it no less widely admired fainting people empty the entire capital loan assets, makes them unable, and mobilizing others to usury in order to make the word spreads, leading to the line.

In the context of the difficult economy, business loan demand increases song not everyone has access. Therefore, people are willing to hold onto on "black credit" despite the financial risk does not control. The left side of the "credit", laid out several issues and business loans for bad credit need measures adjusted by law.

Nguyen Ngoc Phuong, Quang Binh Union representatives stated comments: "in the process of implementation of credit loans between people of the same loan agreement, then this is not prohibited by law. Due to the advantage of this is that many illegal as the scam, hụi, broken at this is against the law but that the police have no right to intervene and now the Criminal Law also does not handle both national lenders, you have proof of fraud, but you do not pay then I also suffered.

Therefore I propose is this must bring in a law to control, to processing rules. I propose is to take on the criminal case, a thing borrowed of other people have proof which does not fulfill the obligation of repayment related to credit card would prejudice criminal liability ".

Because of the current provisions of the law remain loose and not enough deterrence so deceptive status from the increasingly black credit and loan activities are so blatant.

Business credit reports show that the current criminal code there is only 1 thing only (article 164) regulates the behaviour of heavy interest rate loan but must meet both factors: interest rates 10 times the highest interest and specialized nature of sweatshop (lived usury and used many tricks to force lenders and repayment). In the meantime, this is not easy to prove and define should have caused difficulties for the police during the investigation, handling.

The delegates said that one key solution to regulate credit card the lending activities in civil transactions is regulated lending interest rate ceiling. In the past 10 years, the civil code in force enforcing the provisions in clause 1, article 481: "interest rate due to the parties to the agreement but not exceed 150% of the basic interest rate by the State Bank announced". This has shown their inadequacies because of the fact that the interest rate on the market related to business credit card were far beyond the level of this regulation.

Comes with Vietcombank, business credit card will be met all the demands on working capital as well as medium and long-term capital. With business strategy towards customers, Vietcombank commitment for business best loans accompanied by perfect service quality.




For working capital needs, to help the business operate effectively throughout the business cycle, Vietcombank is ready to meet the demands in a timely fashion, with many forms of loans to suit the flow of money in the business credit card and financial plan of the enterprise.

For medium and long-term borrowing needs, Vietcombank provides diverse credit services in the sector for long-term loans for investment projects. Vietcombank is always ready with the business throughout the project process as from the appraisal, advice, loans and to manage the project.

Outstanding value of Vietcombank

Is one of the leading commercial credit bank and was voted as the best bank in Vietnam for many years;
Provide diverse products with competitive interest rates and most reasonable cost.

Reputation and financial resources, to ensure the implementation of the commitment to the business;
There is much experience in working capital loans as well as investment projects in different economic sectors.

Capable of providing large credit limit as well as the ability to organize/sponsor resources for large-scale projects to very large projects with key national projects or have foreign elements;

Professional, enthusiastic, qualified credit experts and ready to advise financial as well as business administration.

Credit make business processes are continuous and stable

In production and business credit card activities cannot be exchanged directly between the right and the money thus need capital to not interrupt the production process need to bank credit, make the production process is constantly stable and can survive.



As credit conditions created the leap development of social economy

Money always present in all economic and social activities. Business credit card activities in the shorten time to fast rotation of capital so that each business owner must be active searching and implemented many measures such as the application of scientific and technological achievements ... these things do require a large amount of capital. And bank credit is where can compete each other and will make the economy grow leaps

Credit is a tool to regulate the State's macro

The State can regulate the economy between regions, sectors, different sectors through the State's bank credit to be able to promote all of the potential of all 3 credit scores that industry, bringing together the region's economy which flourished up and condition as the other regions

Credit facilitated economic relations development

The middle of the bank accounts in different countries to link for the business relationship between the countries was taking place more favorable, trusting credit score each other than to the partners assured cooperation

With nature as a service, the card gives the Bank many different revenue sources. First of all, are the annual fee that credit card holders must submit under contract to use credit card. This fee does not much and only slightly less contribution to the Bank's earnings. However, we can say that the Bank is always beneficial when performing card transactions.



Second incomes relatively stable that the Bank obtained it is collecting from the unit to accept the card. For the basis of acceptance of the card then this credit monitoring fee is considered a fee for each Council in revenue gained from the acceptance of payment cards.

This is regarded as the trade discount account. In addition, the client must also pay an interest if not paid in full according to the statements. Slow charge charged that the Bank applies for each cardholder statements, bank payment credit cards owners forced a minimum deposit, the rest will apply slow-pay fees that are past due interest.

The biggest bank revenues obtained from charges is due to make a payment to another credit institution or to the credit card issuer. This fee is called College storage payments. There are also fees renewal fees, credit investigation, charge card stolen, lost ...

All this revenue to bring a lucrative rate quite high, up to 20% each year for the Bank, create attractive for those business credit card. Lucrative rate on business credit card activities rise above all other business types with 1% growth on market scale and attached to it is the strong growth of profit in business

The chance of this profession are still on the list of "potential" though pretty much the payment transaction related to business credit card for personal purposes through the Bank are being encouraged through time.

According to figures of the Vietnam Bank Association, new card payments accounted for only about 2% of the total means of payment. However, the potential development of credit card market in Vietnam is huge, especially for evaluation after Vietnam became a member of the WTO.



More and more participating banks released credit card products of "nation" as Master, Visa through the network of the business card. Competition on the credit card market as violently, the more demanding in employee business credit card these qualities characterized as honest, enthusiastic and flexible.

As well as the new form of payment for consumers should in the course of work, staff business cards are faced with many different situations require enthusiasm and flexibility in resolving.

The employee said the business credit card of customers because many different reasons lead to the slow, slow payment charge expenses ... frequently occurs. Some customers when using the card being slow and payment fee deducted interest expenses because of overdue payments, do not understand should react so fiercely with staff business cards. In such cases, according to the staff business cards, they are downright soft, elegant and consolidate credit card debt on permanent mouth a "sorry".

Mr. Trần Anh Tuan, Deputy Head of card services Incombank, said like other positions in the Bank, because every day are exposed to staff business cards money should first of all be honest.
"The review process very strict credit card, right over the stitching authentication should not be arbitrarily be"-you Phan Anh Tuan, employee business credit card at a Bank said.

"The customer is always right" is the golden rule that the employee business card always consider, by credit card is still quite strange with the Vietnam. In each of the banks always have customer care Department, but the fact is people using credit card in the event of a problem usually just called to staff business cards. So, they are always in the center of the world is ready, just up the road called the customer regardless of rain, day and night.